secwatch.observer — SEC 8-K summary
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Issuer:     Sotera Health Co (SHC)
CIK:        0001822479
Form:       8-K
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0001193125-23-075979
Event type: debt
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sotera Health upsizes revolver by $76.3M to $423.8M, switches from LIBOR to SOFR
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- Revolving credit facility increased from $347.5M to $423.8M via incremental commitments.
- Letter of credit commitments raised from ~$196M to $361M.
- Interest rate on USD draws: Term SOFR/Daily SOFR + 2.75% or base rate + 1.75%.
- No outstanding balance; proceeds for general corporate purposes.
- Maturity remains June 13, 2026; no changes to covenants or other terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822479/000119312523075979/0001193125-23-075979-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822479/000119312523075979/d455593d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-075979

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